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Testing the morale theory of nominal wage rigidity
Kawaguchi, Daiji; Ōtake, Fumio - In: ILR review : the journal of work and policy 61 (2007/08) 1, pp. 59-74
Persistent link: https://www.econbiz.de/10003585551
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Testing the morale theory of nominal wage rigidity
Kawaguchi, Daiji (contributor); Ōtake, Fumio (contributor) - 2004 - [Elektronische Ressource]
This paper attempts to test the morale theory of nominal wage rigidity by identifying the causal effect of pay cuts on … workers' income satisfaction and work morale. This paper uses the current deflationary recession in Japan to estimate this … morale theory of nominal wage rigidity. …
Persistent link: https://www.econbiz.de/10002007371
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Deflation and Downward Nominal Wage Rigidity: Evidence from Japan
Yasui, Kengo; Takenaka, Shinji - Graduate School of Economics, Osaka University - 2005
, a period which included deflation. We found that nominal wages remained rigid to downward pressure by expected deflation …
Persistent link: https://www.econbiz.de/10005773248
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Testing the morale theory of nominal wage rigidity
Kawaguchi, Daiji; Ohtake, Fumio - 2004
This paper attempts to test the morale theory of nominal wage rigidity by identifying the causal effect of pay cuts on … workers' income satisfaction and work morale. This paper uses the current deflationary recession in Japan to estimate this … morale theory of nominal wage rigidity. …
Persistent link: https://www.econbiz.de/10010332192
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Labor disputes and productivity in Japan and the United States
Lam, Alice Cheung-ling - In: Productivity growth in Japan and the United States, (pp. 411-433). 1990
Persistent link: https://www.econbiz.de/10001312115
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Wage fluctuations in Japan after the bursting of the bubble economy : downward nominal wage rigidity, payroll, and the unemployment rate
Kuroda, Sachiko; Yamamoto, Isamu - In: Monetary and economic studies 23 (2005) 2, pp. 1-29
Persistent link: https://www.econbiz.de/10002828622
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Wage fluctuations in Japan after the bursting of the bubble economy : downward nominal wage rigidity, payroll, and the unemployment rate
Kuroda, Sachiko; Yamamoto, Isamu - 2005
Persistent link: https://www.econbiz.de/10002720378
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Is downward wage flexibility the primary factor of Japan's prolonged deflation?
Kuroda, Sachiko; Yamamoto, Isamu - In: Asian economic policy review : AEPR 9 (2014) 1, pp. 143-158
Persistent link: https://www.econbiz.de/10011336711
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Deflation and Relative Prices: Evidence from Japan and Hong Kong
Gerlach, Stefan; Kugler, Peter - 2007
inflation should differ between inflation and deflation episodes, using data for Japan and Hong Kong. We use a random … during both the inflation and deflation periods, and the parameter on the second moment changes sign in the deflation period …, as the theory predicts. …
Persistent link: https://www.econbiz.de/10011390613
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Deflation and relative prices : evidence from Japan and Hong Kong
Gerlach, Stefan (contributor); Kugler, Peter (contributor) - 2007
inflation should differ between inflation and deflation episodes, using data for Japan and Hong Kong. We use a random … during both the inflation and deflation periods, and the parameter on the second moment changes sign in the deflation period …, as the theory predicts. …
Persistent link: https://www.econbiz.de/10003664861